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Why Tuesdays Around 11:30 A.M . Are Particularly Unattractive Times To Be Looking At Options That Expire On Friday

So here are nine examples of what the heading is alluding too. Bad times for the most part to be entering into option positions. 1) Tesla. 2) 3) 4) 5) 6) 7) 9) 8) Now the closing reading on these Calls at the end of the trading session. $6.20 is down from $8.03 on Tesla and on First Solar the Calls are $3.10 down from $3.35. Here is what the markets did on the day. So let's continue on. Now Elli Lilly and Caterpillar. Elli Lilly went from $13.40 to $15.65 and Caterpillar went from $3.95 to bid $3.95 and $4.35. Elli Lilly showing strenght in the second half of the day could be a precursor to something good happening. Now Biogen. It went from $2.50. down to $1.45. Boeing Calls went from $2.88 to $3.70. In Biogen there were no further option trades on the day with the bid and ask going up towards the closing bell. Walmart couldn't do anything as the effect of this tariff situation is all new. When is food going to cost more? It's Calls went from $.88 dollars to $...
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Caterpillar Gets Smashed on a Monday Morning

It happened. Down $12.00 on the morning.
Can you see how at around the 11:30 a.m. time period it seemed to find support to only then slide down some more. Wouldn't you think option traders would be jumping back in to catch a rebound? Apparently not. Look at this.
An open interest number of seven contracts from the previous trading session when it was "in-thr-money" and 87 contracts traded on the dy.. Perhaps if we look at a five day chart and a thirty day chart we will be able to detect why there is so much hesitancy to get back in to catch the upside.
But wait. Read all this stuff.
So Deere is also mentioned as a company which might benefit from this current economic environment. Looka at it's one day and 5 and 30 day chart.
Until the bulls start to run nobody wants to be in the game. Now a 2:56 p.m. update.
Now a readout ten minutes later.
Now the closing.
It will be interesting to look at the open interest numbers tomorrow to see how many traders stuck with the paper gains that were made today. It's not very often you see Caterpillar drop that much in one day. ** The open interest number the next day.
It's 75 compared to 7. What does that tell us? More than than half of the contracts sold bought yesterday were sold out before the end of the day. Traders where playing the afternoon rebound in the stock as opposed what might happen in the following four days.

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